Nonprofit · EIN 47-1210501
OLSSON FOUNDATION INC
Also known as OA FOUNDATION
Tax-exempt · LINCOLN, NE 68501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $1,003,223 | $884,993 | $118,230 | $3,539,598 | $0 | $3,539,598 |
| December 31, 2024 | 990-PF | $756,519 | $384,381 | $372,138 | $3,221,366 | $0 | $3,221,366 |
| December 31, 2023 | 990-PF | $624,226 | $408,752 | $215,474 | $2,678,709 | $396,352 | $2,282,357 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $840,000
- Dividends
- $93,681
- Interest
- $4
- Net gain from sales of assets
- $69,538
Expenses
- Grants and similar amounts paid
- $882,719
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Disbursements for charitable purposes
- $884,993
- Excise tax on investment income
- $2,237
Balance sheet and other
- Total assets, start of year
- $3,221,366
- Total assets, end of year
- $3,539,598
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,539,598
- Fair market value of assets
- $3,875,599
- Qualifying distributions
- $884,993
- Net investment income
- $163,223
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brad Strittmatter 601 P STREET, LINCOLN, NE 68506 | President | 1 | $0 |
| Sean Baker 601 P STREET, LINCOLN, NE 68506 | SEC TREASUER | 1 | $0 |
| JOHN OLSSON 601 P STREET, LINCOLN, NE 68506 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brad Strittmatter 601 P STREET, LINCOLN, NE 68506 | President | 1 | $0 |
| JEFF JENKINS 601 P STREET, LINCOLN, NE 68506 | SEC TREASUER | 1 | $0 |
| JOHN OLSSON 601 P STREET, LINCOLN, NE 68506 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brad Strittmatter 601 P STREET, LINCOLN, NE 68506 | President | 1 | $0 |
| JEFF JENKINS 601 P STREET, LINCOLN, NE 68506 | SEC TREASUER | 1 | $0 |
| JOHN OLSSON 601 P STREET, LINCOLN, NE 68506 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 84608, LINCOLN, NE 68501-4608
- In care of
- % BRAD STRITTMATTER
- Signed the 990-PF
- SEAN BAKER, TREASURER
- Phone
- (402) 499-3819
- Return prepared by
- Vierk & Associates LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 47-1210501
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $3,539,598
- Income (IRS master file)
- $1,096,909
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $1,003,223 | $884,993 | $3,539,598 | IRS |
| 990-PF | December 2024 | $756,519 | $384,381 | $3,221,366 | XML |
| 990-PF | December 2023 | $624,226 | $408,752 | $2,678,709 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-1210501).
Questions about OLSSON FOUNDATION INC
- What is the EIN of OLSSON FOUNDATION INC?
- The employer identification number (EIN) of OLSSON FOUNDATION INC is 47-1210501.
- Is OLSSON FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to OLSSON FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does OLSSON FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of OLSSON FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OLSSON FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of OLSSON FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does OLSSON FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,003,223, expenses of $884,993 and total assets of $3,539,598 at year end.
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